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Live Nation Entertainment comprises Live Nation, a live entertainment promoter, and Ticketmaster, a ticketing platform. The merger of the two companies in 2010 was deemed illegal and should have been blocked. Despite controlling 70% of the ticketing and live event venues market, monopolies are not illegal in the U.S. Ticketmaster holds over 80% of the ticketing market, similar to Google's dominance in search volumes. The merger was approved under a consent decree, preventing Live Nation from penalizing venues for using other ticketing services.
